RiNo Mixed-Use
3295 Blake Street #102 Denver, CO 80205
3295 Blake Street #102, Denver, CO, 80205
$645,000
For Sale
$645,000
Modern live/work condo in RiNo, ideal for creative or retail.
Property Size1,596 SF
Price / SF$404.14
Days on Market431
Property Features for 3295 Blake Street #102
General Information
- Standard status
- Active
- Size
- 1,596 SF
Building Details
- Year Built
- 2001
Listing agency
MILEHIMODERN
(720) 471-2056
Listed by
JAKE SUFFIAN · License #100053069
Source
Corcoran
Added: May 17, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MILEHIMODERN
Investment Insights
Based on property information with market context.
This mixed-use zoned condo, currently utilized as a private residence, is suitable for live/work or business scenarios such as creative studios, boutique firms, or retail concepts. The property features new hardwood floors, custom concrete countertops, and a glass-topped kitchen island. Designer Samsung appliances, a wine fridge, and a plumbed coffee station enhance the kitchen, while an instant hot water line adds convenience. Walls and ceilings have been renewed, with recessed dimmable lighting and smart switches. The downstairs area is wired for sound, and upgraded Wi-Fi and networking components are hardwired upstairs. Updated systems include air conditioning, heating, a hot water heater, and new electrical throughout. Motorized shades, new windows, sliding glass doors, and ceiling fans are installed. The property size is 1596 square feet.
Key Highlights
- Mixed‑use zoning in RiNo allows for live/work or business scenarios.
- Completely renovated with new hardwood floors, custom concrete countertops, and designer appliances.
- Updated systems include new AC, heating, hot water heater, and electrical.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $26.40 |
| − Vacancy | −$11.0k | −$6.86 |
| EGI | $31.2k | $19.54 |
| − OpEx | −$7.8k | −$4.88 |
| NOI | $23.4k | $14.65 |
1,596 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$334.1K
$292.3K – $389.8K
NOI $23,385 @ 7.0% cap · market cap 3.63%
Second Best
Mixed Use
$321.1K
$281.0K – $374.7K
NOI $22,480 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$508.1K
$444.6K – $592.7K
NOI $35,564 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunshade Awning
Building Supply
Mind Spa
Medical Clinic
Studio Seven Photography
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Modern live/work condo in RiNo, ideal for creative or retail.
Where is this live-work space located?
The property is located at 3295 Blake Street #102 Denver, CO.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Mixed‑use zoning in RiNo allows for live/work or business scenarios.; Completely renovated with new hardwood floors, custom concrete countertops, and designer appliances.; Updated systems include new AC, heating, hot water heater, and electrical.
